Charlotte, N.C.-based SPX Corp.'s SPX Hydraulic Technologies business unit has acquired U.K.-based Torque Tension Systems Ltd. (TTS), a global supplier of hydraulic torque wrench and tensioner tool products. The terms of the transaction were not disclosed.
The addition of TTS' line of industrial bolting tools will expand SPX Hydraulic Technologies' product portfolio offering to the global energy infrastructure markets, particularly the wind, and oil and gas sectors, the company says.
Based in Northumberland, U.K., privately held Torque Tension Systems' hydraulic bolting product lines include Dura-Lite hydraulic torque wrenches, LDF Torque wrenches, subsea bolt tensioners, hydraulic nut splitters, flange pullers and flange spreaders.
SOURCE: SPX Corp.